Yogaworks (YOGA) Lifted to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Yogaworks (NASDAQ:YOGA) from a hold rating to a buy rating in a research note released on Saturday morning. They currently have $0.75 price objective on the stock.

According to Zacks, “YogaWorks Inc. is a yoga instruction company. It offers yoga classes, integrated fitness classes, workshops, teacher training programs and yoga-related retail merchandise through its Yoga Works and Yoga Tree studios. The company operates primarily in Los Angeles, Orange County, New York City, Northern California, Boston and Baltimore/Washington D.C. YogaWorks Inc. is based in CULVER CITY, United States. “

Get Yogaworks alerts:

Shares of NASDAQ:YOGA opened at $0.55 on Friday. Yogaworks has a 1-year low of $0.37 and a 1-year high of $2.99.

Yogaworks (NASDAQ:YOGA) last issued its quarterly earnings results on Wednesday, November 14th. The company reported ($0.84) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.55). Yogaworks had a negative net margin of 60.43% and a negative return on equity of 79.89%. The firm had revenue of $15.15 million for the quarter, compared to analysts’ expectations of $14.41 million. On average, equities analysts forecast that Yogaworks will post -1.77 earnings per share for the current year.